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Strategic Planning
A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.
Managerial Decision
A decision-making process by managers that involves choosing between possible solutions to a problem to achieve the best possible outcome for their organization.
Capabilities
Refer to a company's ability, resources, and skills to carry out its strategy and achieve its objectives.
Market Opportunities
Circumstances or conditions in the market that a business can exploit to its advantage, such as gaps in the existing market or emerging trends.
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